Commemorative Series No. 3 · The Fine Print
OUTSPENTNo. 20/74
Bill
Nelson
U.S. Senate · D-FL
Taken from the card industry
$91,619
S.256 · the bankruptcy bill · 2005tap to flip ⤺
WHO THEY WORK FORNo. 20/74
Card-Issuing Banks$57,029
Credit Cards$34,590
Made it harder to clear credit-card debt in bankruptcy. Filings got ~38% costlier; insolvency didn't fall. · 109-1-44OUTSPENT
Card 20 of 74 · tap the card to see who they work for
Beyond the check
The check is only the part you can see.
They took
$91,619
The industry spent on the bill
$100M+
on an eight-year industry push to pass the bankruptcy bill
Through the leadership PAC
Beyond the campaign account, a leadership PAC under Nelson's control (Moving America Forward) took $80,000 from banks, card lenders, drug makers and insurers.
Source: FEC; Moving America Forward
The industry figure is lobbying spent on the bill, not a payment to this senator. Source: contemporary reporting (NBER; PBS Frontline). Everything here is documented public record; nothing alleges an illegal act.
Don't recognize a logo? Here's the key.
Card-Issuing Banks$57,029
Wells Fargo$17,210
Citigroup$13,690
Bank of America$9,365
JPMorgan$8,264
Am. Bankers Assn.$7,500
Am. Financial Services$1,000
Credit Cards$34,590
Visa$10,345
Discover$9,750
American Express$8,150
Mastercard$4,500
Capital One$1,845